Mortgage Rates Boosted By Solid Jobs Report - Construction Jobs Suffer

October 28, 2007 from admin

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Buoyed by the strong employment figures for September that were
released last week, mortgage interest rates rose
slightly in all categories according to Freddie Mac’s Primary Mortgage
Market Survey for the previous week.

It is interesting that, with the exception of the short-term ARM,
rates were virtually identical last week to the rates one year ago.

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